In the Netherlands, Avantium N.V has signed a conditional offtake agreement with world luxury goods leader LVMH Group (Moët Hennessy Louis Vuitton). With this offtake agreement, LVMH Perfumes & Cosmetics Houses has secured a fixed volume of the plant-based, recyclable and high-quality material PEF (polyethylene furanoate) from Avantium’s Flagship Plant for its cosmetics packaging. Avantium […]
In the Netherlands, Avantium N.V. has been awarded a €3 million grant by the EU Horizon Europe program for its participation in the 4-year research and development program WaterProof. This program aims to demonstrate the value of electrochemical conversion of carbon dioxide (CO2) into high-value chemicals and products. The €3 million grant will be paid […]
In the Netherlands, Avantium N.V has signed a conditional offtake agreement with Sukano AG, a reputable expert in additive and color masterbatches and compounds for polyester and specialty resins. The masterbatches are tailored to impart properties to plastics and as such are an effective way to diversify and expand polymer applications. With PEF from Avantium’s […]
In the Netherlands, Avantium N.V. signed a conditional offtake agreement with Sukano AG, an expert in additive and colour masterbatches and compounds for polyester and specialty resins. With PEF from Avantium’s FDCA Flagship Plant, Sukano will develop masterbatches for PEF resins, facilitating fast adoption in many diversified markets and thus accelerating the growth of PEF. […]
In the Netherlands, Avantium N.V., a renewable chemistry tech company, said it reached Financial Close for the construction of its FDCA Flagship Plant in Delfzijl, the Netherlands. The world’s first commercial FDCA factory is set to produce 5 kilotonnes of FDCA (furandicarboxylic acid) per annum, the key building block for the 100% fossil-free, recyclable polymer […]
The stars were aligning for the world’s 1st FDCA Flagship Plant construction when Avantium’s shareholders granted the requested approvals for all items on the agenda related to it earlier this year with an expected operational date of 2024, enabling the commercial launch of PEF from 2024 onwards. So what’s the status now? What’s the inside […]
In the Netherlands, Avantium partnered with Sphera to perform a cradle-to-grave LCA for Avantium’s plantMEG in its most applicable market (PET bottles) in 2025 with a regional focus on Europe. The LCA takes into account the use of beet sugar from Cosun Beet Companyi, the process based on Avantium’s Ray Technology, as well as the […]
In the Netherlands, Avantium’s shareholders granted the requested approvals for all items on the agenda related to the positive Final Investment Decision on the construction of the world’s first FDCA Flagship Plant taken in December 2021. Avantium expects the FDCA Flagship Plant will be operational in 2024, enabling the commercial launch of PEF from 2024 […]
In France, Avantium signed a strategic supply agreement (conditional to financial close) with Tereos Cooperative group, whereby Avantium Renewable Polymers will purchase high fructose syrup made from European wheat as the feedstock for the planned FDCA furandicarboxylic acid) Flagship Plant in Delfzijl. The multi-year agreement secures 100% bio-based and local feedstock for the flagship plant. […]
FDCA – furandicarboxylic acid – is the key building block of the wondrous 100% plant-based, recyclable plastic material PEF, or polyethylene furanoate, clear bottle plastic we all know and love. It’s better than traditional PET with its superior barrier properties and other functional advantages, and now it’s getting a huge push for scaling up […]
